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1 Yuan
| Issuer | Central Bank of Manchukuo |
|---|---|
| Year | 1932-1933 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#J125 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 滿洲中央銀行 壹圓 |
| Reverse description | Log in to see details |
| Reverse lettering | 1 YUAN 1 YUAN |
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| Comments |
Manchukuo was declared a sovereign state in March 1932 — a Japanese-controlled puppet government installed over the former Chinese northeastern provinces following the Kwantung Army's seizure of Mukden the previous year. The Central Bank of Manchukuo was established almost simultaneously, issuing currency that was legally distinct from both Chinese Republican notes and Japanese yen, though in practice the Manchukuo yuan was pegged to the yen and managed entirely by Japanese financial advisors.
The J-prefix in the Pick reference places this within the Japanese occupation issues, which accurately reflects where monetary authority actually resided.